Guide online Free signup Advertise my Company
Magazine
Free subscription magazine
Last edition
May-June 2026
Magazine May-June 2026
All magazines
Bharat Vasandani Madhavan N. & Hari... Urvish Dave

Market & Company Research Store > Details

Year: 2012

Contents: 7 pages

Country: Israel

Sector: Exploration and Production (Energy)
Noble Energy and Delek Drilling Plans to Sell Stakes in Leviathan Gas Field to Fund Field and Infrastructure Development – Deal Analysis from GlobalData

Summary

Noble Energy, Inc (Noble) and Delek Drilling Limited Partnership (Delek) individually intend to sell stake in the Leviathan gas field, located in the Levantine basin, Israel, Reuters has reported, citing a source close to the matter. The Leviathan field is located in 5,361 feet (1,634 meters) of water in offshore Israel in the Rachel and Amit license. Noble operates the license, holding a 39.7% interest. Other stakeholders in the gas project include Delek with a 22.7% interest, Ratio Oil Exploration Ltd. Partnership with a 15% interest and Avner Oil Exploration Limited Partnership with a 22.7% interest.

According to the sources, JSC Gazprom Neft, Gas Natural Fenosa and GDF SUEZ SA are interested in acquiring stakes in the Leviathan gas field. Citigroup Inc. is acting as financial advisor to Noble and Delek in the transaction. The proceeds from the divestment will be used to develop the Leviathan gas project.

Scope

- Rationale behind Nobel led consortium's plan to divest stake in Leviathan field
- Geography covered - Israel

Reasons to buy

- Develop a sound understanding of the Noble led consortium's plan of divesting stake in the Leviathan field. The major issues and challenes faced by companies in the region.
- Rationale behind the consortium's plan to divest stake in Leviathan field.

Keywords

JSC Gazprom Neft, Gas Natural Fenosa, GDF SUEZ SA, LNG export terminal, LNG import terminal, Cyprus, Lebanon, Egypt, Tamar
Access Report
 
 
Next events
All events
 
 
Last interviews
All interviews
 
Follow us